Done Deal: Platform Hub Acquires Shoreditch Site from Pizzabuzz
February 25, 2019
On behalf of Pizzabuzz, the pizzeria concept developed by the Meredith Group, specialist leisure property advisers Davis Coffer Lyons has assigned the leasehold interest of its only site near London’s Finsbury Square, to Platform Social Gaming Ltd.
Trading as Platform Hub One, the site will reopen as a gaming café concept at The Alphabeta Building, 2b Worship Street in Shoreditch. The triple fronted A3 premises comprise 3,000 sq ft over ground floor. Platform Hub One has paid a premium for the assignment of the existing 20-year lease at a passing rent of £110,430 per annum. The landlord is Triton Court Ltd.
Sally French, Agency and Leasing at Davis Coffer Lyons, said, “Leisure property in Shoreditch continues to be in high demand – the site generated a great deal of interest and commanded a substantial premium. Competitive socialising as a trend shows no sign of slowing and this is the perfect locality for this concept to launch. We wish them every success with the new venture.”